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The Federal Reserve, which slashed interest rates twice within eight days, added to the feeling that the worst might be over.But not for long.
But on the key legislative issue of Reagan's presidency — the 1981 fight over his budget, which slashed taxes on the rich — O'Neill simply got rolled.
He noted that he vigorously opposed Proposition 13, which slashed property taxes, in 1978 when he was first governor, and survived that.
But the events that have recently gone on behind the shop windows of this much-loved retailer tell a disturbing story about financial engineering, which slashed its taxes.
Among the major players that have announced cutbacks in hiring is Satyam Computer Services, which slashed its recruitment plans to fewer than 10,000 from 15,000.
The claim comes as Italy fights back against "reckless" credit rating agencies which slashed its credit rating as the eurozone debt crisis exploded.
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He offered 2 budgets: the old austerity budget, with its vast deficit, & a "crisis budget," which slashes many programs that most citizens consider essential.
In the I-4 corridor, which slashes diagonally across the middle of the state, the campaign is counting on a booming economy to deliver swing voters.
Since then, PPG has developed a far more environmentally beneficial window named Solarban, which slashes demand for air-conditioning in warm climates.
The deal, which slashes tariffs on about 800 products, is considered a catalyst for similar agreements with other countries that could ease Taiwan's diplomatic isolation, imposed by China, and raise its competitiveness as an export-dependent economy.
Representative Paul D. Ryan, the Republican chairman of the House Budget Committee, has been excoriated by some Roman Catholic leaders ever since he claimed this month that his budget plan, which slashes antipoverty programs, was inspired by the moral teachings of his Catholic faith.
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